Myanmar's economy performed better in 2017/18 with a modest growth acceleration that partially reversed the deterioration experienced in 2016/17. While the outlook remains positive, risks have intensified. The economy experienced a broad-based increase in real GDP growth to 6.4 percent in...

The Enterprise Surveys (ES) focus on many aspects of the business environment. These factors can be accommodating or constraining for firms and play an important role in whether an economy's private sector will thrive or not. An accommodating business environment is one that encourages firms to...

Although decelerating from 6.9 percent the previous year, economic growth in 2018 is estimated to remain robust at 6.5 percent. The slowdown in growth in 2018 has been partly due to a combination of the following domestic factors : (i) the severe floods that hit the country during July -...

The Timor-Leste Economic Report provides an up-to-date assessment of key economic developments, presents the World Bank's forecasts and outlook for Timor-Leste and provides an in-depth examination of selected policy issues relevant to Timor-Leste. The TLER is intended for a wide audience,...

This diagnostic study is prepared at the request of the Ministry of Finance (MoF), Government of Lesotho (GoL)and aims to identify options to strengthen the country's financial resilience to disasters. It includes a review of disaster response costs and the current disaster risk financing (DRF)...

Afghanistan currently faces a sea of uncertainty. Outcomes of the September 2019 presidential elections are not yet known, and preliminary results have been challenged. Insecurity continues, with government and insurgent operations imposing an increasing burden in terms of civilian casualties....

As a region, the Mashreq has seen more than its share of deaths, economic losses, and instability for the last decade. The region has braved massive economic and social shocks that would challenge even the most advanced economies in the world. The conflict in the Syrian Arab Republic has...

The 2020 Africa Country Policy and Institutional Assessment (CPIA) report covers the period from January to December 2019. The addition of Somalia brought the number of the region's International Development Association (IDA)-eligible countries to 39. The overall CPIA score for the region's 39...

South Sudan has suffered multiple shocks in 2020, potentially derailing an economic recovery and peace building process. The FY21 budget seeks to stabilize the economy, provide basic services, consolidate peace, and address Coronavirus (COVID-19) effects. While South Sudan is currently faced...

This document aims to succinctly summarize the climate risks faced by Azerbaijan. This includes rapid onset and long-term changes in key climate parameters, as well as impacts of these changes on communities, livelihoods, and economies, many of which are already underway. This is a high-level...